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Friday, July 6, 2012

Stock Market Technical Analysis for Next Week - July 9-13, 2012

During regular trading hours, there were many stocks that continued to break up to the upside. These stocks are usually going up  with news.If you are looking to day trade today, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance & support levels. Below are a list of stocks that I am watching for July 2, 2012. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.You can also check previous stocks to buy reports- Right Here

Top Stocks Performance of the day:These are  stocks that continued to break up to the upside or down side. These stocks are usually going up or down with news or technical.If you are looking to day trade, you might want to check out the following stocks. 


Top Gainers: BOOT, INFY, ASUR, SUPN, SHP, TOPS, DSTI
New High:  BOOT, XOMA, ALEX, JMBA
Overbought: AEPI, BOOT
Unusual Volume: PBW, TILT, INFA
Upgrade: --
Earnings Before: ---
Insider Buying:  UFCS

Biggest Gainers 7/6/12
Composite Biggest Gainers 
Ticker     Company     Change 
SUPN    Supernus Pharmaceuticals, Inc.    24.74%
ALEX    Alexander & Baldwin, Inc.    8.41%
DMND    Diamond Foods, Inc.    6.51%
XRTX    Xyratex Ltd.    5.97%
RRD    R.R. Donnelley & Sons Company    5.85%
CECO    Career Education Corp.    5.53%
RIMM    Research In Motion Limited    5.33%
GLNG    Golar LNG Ltd.    4.53%
GMCR    Green Mountain Coffee Roasters Inc.    4.12%
RJET    Republic Airways Holdings Inc.    3.57%
DAL    Delta Air Lines Inc.    3.48%
THLD    Threshold Pharmaceuticals Inc.    3.09%
LCC    US Airways Group, Inc.    2.97%
SPPI    Spectrum Pharmaceuticals, Inc.    2.92%
UAL    United Continental Holdings, Inc.    2.67%
CEL    Cellcom Israel Ltd.    2.36%
WPX    WPX Energy, Inc.    2.36%
SNTA    Synta Pharmaceuticals Corp.    2.35%
OCZ    OCZ Technology Group, Inc.    2.27%
SBH    Sally Beauty Holdings Inc.    2.19%
TPX    Tempur Pedic International Inc.    2.15%
CNSL    Consolidated Communications Holdings Inc.    2.09%
KCG    Knight Capital Group, Inc.    2.07%
CHK    Chesapeake Energy Corporation    2.04%
FDO    Family Dollar Stores Inc.    1.98%
PNRA    Panera Bread Co.    1.79%
WOOF    VCA Antech Inc.    1.78%
MMR    McMoRan Exploration Co.    1.72%
APOL    Apollo Group Inc.    1.64%
SLM    SLM Corporation    1.62%
OMPI    Obagi Medical Products, Inc.    1.61%
TGT    Target Corp.    1.61%
CTCM    CTC Media, Inc    1.60%

Composite Biggest Losers 
Ticker     Company     Chang
INFA    Informatica Corporation    -27.62%
SCMP    Sucampo Pharmaceuticals, Inc.    -24.75%
NAV    Navistar International Corporation    -15.18%
APKT    Acme Packet, Inc.    -14.46%
QLIK    Qlik Technologies, Inc.    -11.61%
TDC    Teradata Corporation    -10.48%
WLT    Walter Energy, Inc.    -9.94%
FTNT    Fortinet Inc.    -9.66%
PLCM    Polycom, Inc.    -8.86%
PMTC    Parametric Technology Corporation    -8.08%
CTXS    Citrix Systems, Inc.    -7.56%
RVBD    Riverbed Technology, Inc.    -7.37%
CVLT    CommVault Systems, Inc.    -7.13%
VMW    VMware, Inc.    -6.92%
FFIV    F5 Networks, Inc.    -6.85%
ADSK    Autodesk, Inc.    -6.75%
IAG    IAMGOLD Corp.    -6.68%
YNDX    Yandex N.V.    -6.67%
RHT    Red Hat, Inc.    -6.58%
ANR    Alpha Natural Resources, Inc.    -6.47%
ANSS    Ansys, Inc.    -6.44%
BKS    Barnes & Noble, Inc.    -6.36%
TIBX    TIBCO Software Inc.    -6.32%
OTEX    Open Text Corp.    -6.32%
CAVM    Cavium, Inc.    -6.08%
CHKP    Check Point Software Technologies Ltd.    -5.93%
SWI    SolarWinds, Inc.    -5.90%
CROX    Crocs, Inc.    -5.72%
XNPT    Xenoport, Inc.    -5.67%
MTOR    Meritor, Inc.    -5.65%
KLAC    KLA-Tencor Corporation    -5.61%
MTL    Mechel OAO    -5.61%
GSM    Globe Specialty Metals, Inc.    -5.57%
TRN    Trinity Industries Inc.    -5.56%

SP 500
Long term signalsBullish
Short term signals :
Bearish

Stop  @ 1266

QQQ (Nasdaq 100) : Bearish, stop @ 50
INDU: Bullish, stop @10000
COMPQ:
Bearish, stop @ 2300
Top trend : Techs  
Value : Financial

Euro Dollar : Bullish
US Dollar index : Bearish  
Gold : Bearish, stop @ 1500
10 Y US Yield : Bullish, above 2.8 stop
30 Y US Bond : Short, stop @ 132

World Market
UK's FTSE:  Bullish, stop @ 4700
Germany's DAX:
Bullish, stop @ 5300
France's CAC:
Bullish, stop @ 2900
Shanghai :
Bearish
Japan Nikkei :
Bearish

Although stocks closed lower by 0.9% today, they finished the week less only about 0.6% below last Friday's close. After trading substantially lower on the disappointing employment data this morning, and drifting lower throughout the day, stocks managed so show some improvement in the final hour.

The biggest factor in today's trade was the disappointing employment data. June nonfarm payrolls came in at 80K vs. the 100K Briefing.com consensus. The unemployment rate was reported at 8.2% vs. the 8.2% Briefing.com consensus. Futures saw an immediate downside reaction to the weaker than expected data, and recovery attempts since then have been limited.

In U.S. corporate news, Seagate Technology (STX 24.95, -0.12) finished lower by 0.5% after it issued disappointing guidance for its fiscal fourth quarter. Peer Western Digital (WDC 31.02, +0.34) closed higher by more than 1% after a late-day rebound... Informatica (INFA 31.39, -11.98) is down by 28% after it issued downside second quarter guidance, citing a changing macroeconomic environment in Europe... In other news, Deutsche Bank (DB 33.65, -1.79) finished lower by 5% following reports that a German financial regulator is looking into the company with regard to Libor.

Technology was the worst performing sector, down 1.5% vs. the broad market decline of 0.9%, with the Informatica and Seagate warnings weighing. Materials, Industrials and Energy also underperformed. Defensive sectors such as Utilities and Staples outperformed, with losses of 0.1-0.2% on the day.

Overnight, Chinese stocks rose 1% on the central bank easing there. However, outside of China, other Asian markets had a lackluster response. There was weakness in Japanese stocks, with the Nikkei falling 0.7%, while Hong Kong saw a flat close in its equity market. Comments from Japan's Finance Minister, who suggested the government could run out of money as soon as October if a bond bill is not passed, may have also weighed on Japanese stocks.

European markets moved lower on the U.S. jobs data too, finishing with sizable losses. Germany's DAX closed down 1.9% while the UK's FTSE is flat.  Spanish bond yields rose back toward the 7.0% level. Spain's 10-year yield is +24 basis points to 6.93% this morning, while Spain's IBEX is the worst performing European index today, down 1.5% vs. a 0.3% decline in the STOXX 600.

Looking back at the rest of the week, we'd note that it started with the return of ‘Merger Monday' with 4 major deals announced. Bristol-Myers Squibb (BMY 36.00, +0.05)  announced it would acquire Amylin (AMLN 30.07, +2.50) for $31.00/share in cash, representing an aggregate purchase price of ~$5.3 bln and 10% premium to Friday's closing price for AMLN. Dell (DELL 12.56, -0.07) announced it would acquire Quest Software (QSFT 27.86, -0.02) for $28.00/share confirming months of speculation, representing a slight premium to Friday's closing price. Ingram Micro (IM 17.01, -0.14) announced it will acquire Brightpoint Inc. (CELL 8.89, +3.48) for $9.00/share representing a 66% premium to Friday's closing price for CELL. Finally, Germany's Linde Group will acquire Lincare Holdings (LNCR 41.36, +7.34) for $41.50/share in cash, which was a 22% premium to Friday's close. The S&P inched out at 0.3% gain on Monday.

Tuesday there was an early close in the markets due to the Independence Day holiday on Wednesday. The S&P managed to rise 0.6% following better than expected report on factory orders in the US. The energy sector was the biggest outperformer, gaining 2.4% alongside strength in crude oil, which surged 4.6% following more reports stating that delivery of mlns of barrels of crude oil from Iran to China may be at risk following freight dispute.

On Thursday, the S&P fell 0.5% despite three major central banks taking action to help economic growth. China cut interest rates for the second time in a month as its benchmark rate dropped 25 bps to 3.0%. The ECB cut its benchmark rate by 25 bps to 0.75%, but fell short of announcing any further LTRO programs. The BoE increased it's asset purchase program by GBP 50 bln in a move that had been telegraphed by members for the past two weeks. Finally, Retailers reported June Same Store Sales. Overall June results came in below expectations with fourteen retailers missing estimates—the most since May of last year (six companies beat).

Next week, the focus shifts to earnings season, with Alcoa (AA 8.66, -0.25) reporting results Monday afternoon. Alcoa is down 3% this morning, after Nomura cut its Q2 earnings estimates ahead of Monday's report, citing a weaker aluminum market.DJ30 -124.20 NASDAQ -38.79 SP500 -12.90 NASDAQ Adv/Vol/Dec 709/1.4 bln/1767 NYSE Adv/Vol/Dec 987/596 mln/2033

Support for the SPX remains at 1350 and then 1330 with resistance at 1374 and then 1400.So we should trade small lot.Take a look all 1/5/15/60m chart if we want to trade this market. 

I also have  technical analysis different stocks-Right Here.
 
Take a look some market indicator charts- Click all charts
$SPX - 60 min
SPX DAILY CHARTS
QUICK LOOK ALL MAJOR INDEX WEEKLY

$SPX with component chart 
$VIX
$CPC daily
QQQQ Daily 
COMPQ



FOR 7/9 SPX resistance, pivot &  support
Resistance R3 1384.23, R2 1375.66, R1 1365.17
Pivot Point 1356.60
Support  S1 1346.11, S2 1337.54,  S3 1327.05


FOR Weekly 7/9-7/13 SPX resistance , pivot & support
Resistance R3 1397.09, R2 1385.95, R1 1370.31
Pivot Point 1359.17
Support  S1 1343.53, S2 13.32.39, S3 1316.75


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